PBF Energy Inc. with ticker code (PBF) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 21 and 12 with the average target price sitting at 15.88. Given that the stocks previous close was at 17.74 this is indicating there is a potential downside of -10.5%. There is a 50 day moving average of 14.26 and the 200 day MA is 13.5. The company has a market capitalisation of $2,110m. You can visit the company’s website by visiting: https://www.pbfenergy.com
The potential market cap would be $1,889m based on the market concensus.
PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. The company owns and operates six oil refineries and related assets. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.
